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Essex Property Trust Seals $113 Million Deal for East Bay Area Apartment Complex

Silicon Valley Investor Cements Foothold in Regional Multifamily Market With Fremont, California, Acquisition
Essex Property Trust has closed on a $112.5 million deal to purchase The Rexford apartment complex in Fremont, California. (CoStar)
Essex Property Trust has closed on a $112.5 million deal to purchase The Rexford apartment complex in Fremont, California. (CoStar)
CoStar News
November 19, 2021 | 11:18 P.M.

A Silicon Valley investor is again opening its wallet after posting "substantial improvements" to its West Coast multifamily portfolio, gains it says will trigger more acquisitions in high-demand areas.

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